Gap weighing sale of China business: Bloomberg News
Apparel retailer Gap Inc is weighing options including a potential sale of its China business, Bloomberg reported on Monday, citing people with knowledge of the matter.
Bath & Body Works staying strong with cult-like following
Bath & Body Works made headlines this week for a slugfest caught on camera between a customer and store employees. While the video has gone viral, the attention it has received overshadows the enduring appeal of the store itself – even as shopping malls are dwindling across the U.S.
Peloton alternative launches at Sam's Club for $799
Sam's Club launches Peloton alternative as retailers leverage at-home fitness companies get shoppers in stores.
GameStop rallies as Chewy founder Ryan Cohen tasked with leading e-commerce shift
GameStop’s largest shareholder Ryan Cohen, founder of online pet food supplier Chewy Inc., will lead the company’s transformation to an e-commerce based model.
Dolce&Gabbana seeks over $600M damages from US fashion blog over boycott in Asia
The Milan fashion house Dolce&Gabbana has filed a defamation suit in an Italian court seeking over $600 million in damages from two U.S. fashion bloggers who reposted anti-Asian comments attributed to one of the designers that led to a boycott by Asian consumers.
St. Patrick’s Day arrives as whiskey gets cheaper
If you’re a fan of whisky, it might be time for a shot.
Retail, road trip stocks will see 'pent-up demand' in 2021: Wealth Enhancement SVP
Nicole Webb on on outlook for stock market
Jobs market 'really strong': Workforce strategist
Joanie Bily on February jobs report
Easter Sunday: Stores open and closed
Many of these stores have been deemed essential during the past year due to their ability to deliver essential supplies to consumers, many companies are recognizing the need to give their employees the day off.
Costco bacon demand jumps as pork prices climb
Costco is seeing an inflation uptick in meat and pork.
Smith & Wesson’s first time gun buyers drive 102% sales jump
The Springfield, Massachusetts-based gun retailer reported net income of $62.4 million, or $1.12 per diluted share, compared with $7.8 million, or $0.14 per diluted share, for the comparable quarter last year.
Gap CEO predicts spending spree post-pandemic
executives said consumers are eager to buy the kinds of apparel that they have been able to forgo during much of the Covid-19 pandemic, predicting a rebound in sales in the second half of the year after a difficult 2020.
Amazon's first cashierless store arrives in Britain in sign of global expansion
Amazon will open its first-ever physical store outside the United States on Thursday
Bed Bath & Beyond bets on in-store brands to revitalize business
Bed Bath & Beyond unveiled plans Wednesday to launch a series of in-house brands as part of its long-term effort to modernize its business amid tough competition from e-commerce outlets.
Disney to close at least 60 Disney Stores in North America before end of year
Disney announced Wednesday it will be closing at least 60 Disney retail stores in North America as the company focuses its efforts on boosting its e-commerce platforms.
Gun sales slow down in February, show 10% jump year-over-year
The surge in gun sales seen in much of 2020 into early this year appears to have slowed down in the month of February, when analysts estimated a slight jump of 10% year-over-year.
Walmart makes $350B pledge to support US manufacturing
The company will focus its investment on domestic manufacturers that produce plastics, textiles, small electrical appliances, food processing, and pharmaceutical and medical supplies.
Dollar Tree's small-town store concept is big win for customers
The smaller-scale stores combine its Dollar Tree and Family Dollar brands and are targeted for communities with populations between 3,000 to 4,000, the company said.
Michael's Companies to go private in $5B deal
Arts and crafts retailer Michaels Companies Inc. has reached an agreement with Apollo Global Management to take the company private.
Target, Toyota, GM in Texas to keep wearing masks
Employees at General Motors, Toyota Motor, Target Corp, and Macy's Inc in Texas will keep face masks on at work, the companies said on Tuesday, even as the U.S. state lifted most of its coronavirus curbs allowing businesses to reopen at full capacity as of next week.



















